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Notes to Consolidated
Financial Statements    

Thousands of dollars, except per-share amounts and numbers of shares



 11  Shareholders’ Equity

Changes in certain components of shareholders’ equity were as follows:

  Series B,
  ESOP Common
  Preferred Stock Capital in         Unearned
  Stock Issued at Excess of   Retained   ESOP Deferred Treasury Stock
  Issued Par Value Par Value   Earnings   Compensation Compensation Shares Amount
Balance at September 30, 2001 $ 40,528 $ 332,662 $ 148,690   $ 3,130,188   $ (12,001) $ 7,096 (73,425,478 $ (937,790
   Net income                 479,982                    
   Cash dividends:                                      
      Common ($.39 per share)                 (100,521                  
      Preferred ($3.835 per share),                                      
         net of tax benefits                 (2,300                  
   Common stock issued for:                                      
      Employee stock plans, net           35,679                 2,634,109     23,497  
      Business acquisitions           198                 4,767     43  
   Common stock held in trusts                           1,400 (42,141   (1,400
   Reduction in unearned ESOP                                      
      compensation for the year                       4,154              
   Repurchase of common stock                             (6,607,800   (223,961
   Adjustment for redemption provisions   (2,583     555                 304,295     2,028  
Balance at September 30, 2002 $ 37,945 $ 332,662 $ 185,122   $ 3,507,349   $ (7,847) $ 8,496 (77,132,248 $ (1,137,583
   Net income                 547,056                    
   Cash dividends:                                      
      Common ($.40 per share)                 (101,612                  
      Preferred ($3.835 per share),                                      
         net of tax benefits                 (2,201                  
   Common stock issued for:                                      
      Employee stock plans, net           71,206                 5,048,394     45,357  
      Business acquisitions           97                 2,487     24  
   Common stock held in trusts                           478 (18,440   (478
   Reduction in unearned ESOP                                      
      compensation for the year                       4,154              
   Repurchase of common stock                             (9,784,200   (349,998
   Adjustment for redemption provisions   (3,497     753                 355,125     2,744  
Balance at September 30, 2003 $ 34,448 $ 332,662 $ 257,178   $ 3,950,592   $ (3,693) $ 8,974 (81,528,882 $ (1,439,934
   Net income                 467,402                    
   Cash dividends:                                      
      Common ($.60 per share)                 (151,093                  
      Preferred ($3.835 per share),                                      
         net of tax benefits                 (2,123                  
   Common stock issued for:                                      
      Employee stock plans, net           156,478                 7,408,051     71,725  
      Business acquisitions           149                 3,545     35  
   Common stock held in trusts                           1,248 (17,376   (1,248
   Reduction in unearned ESOP                                      
      compensation for the year                       3,693              
   Repurchase of common stock                             (9,551,286   (449,930
   Adjustment for redemption provisions   (3,306     710                 358,653     2,596  
Balance at September 30, 2004  $ 31,142     $ 332,662    $ 414,515      $ 4,264,778         $          $ 10,222   (83,327,295    $ (1,816,756

     Common stock held in trusts represents rabbi trusts in connection with the Company’s employee salary and bonus deferral plan and Directors’ deferral plan.

Preferred Stock Purchase Rights

In accordance with the Company’s shareholder rights plan, each certificate representing a share of outstanding common stock of the Company also represents one Preferred Stock Purchase Right (a “Right”). Each whole Right entitles the registered holder to purchase from the Company one eight-hundredths of a share of Preferred Stock, Series A, par value $1.00 per share, at a price of $67.50. The Rights will not become exercisable unless and until, among other things, a third party acquires 15% or more of the Company’s outstanding common stock. The Rights are redeemable under certain circumstances at $.01 per Right and will expire, unless earlier redeemed, on April 25, 2006. There are 500,000 shares of preferred stock designated Series A, none of which has been issued.




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